Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
May 19, 2020
Panasonic net profit down 21% amid coronavirus pandemic
The company suffered weak sales of home appliances and auto electronic parts in the 2019 business year.
Japan Times
BUSINESS / Companies
May 18, 2020
SoftBank Group posts record net loss of ¥961 billion for fiscal 2019
The figure is a sharp drop from the net profit of u00a51.41 trillion the conglomerate logged in fiscal 2018.
Japan Times
BUSINESS
May 14, 2020
Mazda's net profit dropped 80% in fiscal 2019 as pandemic hit
The automaker withheld its earnings forecast for the current business year, citing uncertainties caused by the crisis.
Japan Times
BUSINESS / Companies
Apr 30, 2020
SoftBank sees ¥900 billion net loss on WeWork write-down
The group is embroiled in a legal dispute with directors at WeWork after backing out of a $3 billion tender offer.
Japan Times
BUSINESS / Companies
Apr 28, 2020
ANA reports biggest quarterly group net loss in January-March period
The company said its group net profit in the business year ended March plunged 75.0 percent from a year earlier to u00a527.66 billion.
BUSINESS / Companies
Apr 23, 2020
Canon's first quarter net profit drops 30%; 2020 outlook withdrawn
Canon Inc. said Thursday its net profit dropped 30.0 percent in the first quarter through March as it withdrew its full-year earnings outlook due to economic uncertainty caused by the coronavirus pandemic.
BUSINESS / Companies
Apr 17, 2020
More than 200 listed companies in Japan have cut forecasts
The COVID-19 pandemic has forced 217 listed Japanese companies to warn of lower profits and sales in the coming year, an increase of 35% from less than a week ago, researcher Teikoku Databank has said.
Japan Times
BUSINESS / Companies
Apr 14, 2020
SoftBank foresees $12.5 billion loss as startup bets backfire
The company expects to record a u00a51.8 trillion ($16.7 billion) loss from its Vision Fund and another u00a5800 billion in losses from SoftBank's own investments.
Japan Times
BUSINESS
Mar 24, 2020
Japan supermarket sales rise amid virus scare in February
Supermarket sales in Japan in February grew at their fastest pace in over four years as consumers bought more food to eat at home amid the new coronavirus scare, industry data showed Tuesday.
Japan Times
BUSINESS
Feb 28, 2020
Japanese automakers' output in China tumbles in January
Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday.
BUSINESS / Economy
Feb 28, 2020
U.S. firms set for zero profit growth this year as virus spreads, says Goldman Sachs
U.S. companies will see profits stagnate in 2020 thanks to the spread of the coronavirus in China and beyond, Goldman Sachs said on Thursday, slashing its expectations for average corporate earnings this year.
Japan Times
BUSINESS
Feb 14, 2020
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and economic uncertainties.
Japan Times
BUSINESS / Companies
Feb 14, 2020
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its affiliated semiconductor business.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank chief welcomes activist investor Singer as Vision Fund logs loss
SoftBank Group Corp. founder Masayoshi Son opened the door to making at least some of the changes championed by activist investor Paul Singer, after the company reported a second quarter of losses from its startup investing.
Japan Times
BUSINESS / Companies
Feb 12, 2020
Dentsu to post loss as China, Australia operations worsen
Dentsu Group Inc. said Wednesday it expects to log a group net loss of ¥80.89 billion ($730 million) in the business year ended last December due to sluggish operations in China and Australia, falling into the red for the first time since it went public in 2001.
Japan Times
BUSINESS / Companies
Feb 7, 2020
Coronavirus outbreak halves Shiseido's China sales and may delay Nintendo shipments
Sales in China of cosmetic products sold under major Shiseido Co. brands fell 55 percent during the Lunar New Year holiday from a year earlier due to the outbreak of a new coronavirus originating in Wuhan, central China, the Japanese company said Thursday.
Japan Times
BUSINESS / Companies
Feb 6, 2020
Toyota boosts profit forecast on weak yen, but coronavirus not factored in
The epidemic is likely to wreak havoc on auto sales and production in China in the first quarter.
Japan Times
BUSINESS / Companies
Feb 5, 2020
MUFG just posted first quarterly loss in a decade
Mitsubishi UFJ Financial Group Inc. has posted its first quarterly loss in a decade and cut its annual profit forecast after booking a hefty charge on its stake in an Indonesian bank.
Japan Times
BUSINESS / Companies
Feb 4, 2020
Sony raises full-year profit outlooks on strong image sensor sales
Sony Corp. on Tuesday raised its group net and operating profit outlooks for the current business year through March, citing robust demand for image sensors used in portable devices such as smartphone cameras.
Japan Times
BUSINESS / Companies
Jan 31, 2020
Hitachi's net profit sinks 33% on weak overseas sales from April to December
Hitachi Ltd. reported Friday its group net profit for the April to December period sank 33.3 percent from a year earlier to ¥55.15 billion ($505 million) because of falling sales in China and elsewhere in Asia.

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